£587,529
This estimated value is based upon the latest sale price for the house of £475,000 on 8 Aug 2018. This value is then adjusted by the current Official House Price Index for CAMBRIDGESHIRE 1
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| Price Paid | Date |
|---|---|
| £475,000 | 8 Aug 2018 |
| £273,000 | 14 Jul 2006 |
| £112,000 | 4 Jun 2001 |
| £60,000 | 30 Apr 1997 |
| £59,400 | 28 Feb 1995 |
| Detached |
| Freehold |
| Floor Area: 160 sq meters or 1,722 sq feet |
This model uses changes in the Official Land Registry House Price Index for CAMBRIDGESHIRE to estimate the market value.
When this house was purchased in August 2018 the House Price Index for CAMBRIDGESHIRE was 120.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.690%.Applying this 23.690% change to the original purchase price of £475,000 results in an estimated price of approximately £587,529.
| 8 Aug 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.1 | 148.6 | 23.690 % | £475,000 | £112,529 | £587,529 |
The Postcode Pricing Model uses changes in average sales price within the CB6 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 28.888 % | £137,219 | £612,219 |
| 3 Month Average | 28.926 % | £137,398 | £612,398 |
| 6 Month Average | 29.591 % | £140,555 | £615,555 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Nov 2023 | £390,786 | £385,000 | 38 MERLIN DRIVE |
| 1 Nov 2023 | £482,138 | £475,000 | 49 MERLIN DRIVE |
| 8 Sep 2023 | £369,727 | £365,000 | 51 UPHERDS LANE |
| 30 Aug 2023 | £337,957 | £335,000 | 32 MERLIN DRIVE |
| 21 Aug 2023 | £521,058 | £516,500 | 3 MERLIN DRIVE |
This house has a floor area of 160 sq meters or 1,722 sq feet when measured on 24 Apr 2018. Using an estimated price of £587,529 means this house is valued at £3,672 per sq meter (£341 per sq foot).
The average size of a house on MERLIN DRIVE is 100 sq meters (1,080 sq feet).
This house is the largest in the street with a floor area of 160 sq meters (1,722 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Robins Close |
| Apr 2024 | Public order | Unable to prosecute suspect | On or near Christopher Tye Close |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Christopher Tye Close |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Christopher Tye Close |
| Apr 2024 | Possession of weapons | Unable to prosecute suspect | On or near Christopher Tye Close |